Cleveland · Commercial sale
Pacific Square Cleveland buys 5000 Rockside Rd Unit Rear in Independence for $2.19 million
An office building at 5000 Rockside Rd Unit Rear, Independence sold for $2,187,500 on September 11, 2026. See the seller and buyer net sheets for this.
- Sale price
- $2,187,500
- Sold
- September 11, 2026
- Property type
- Office building
- Building area
- 42,000 sq ft
- Price per sq ft
- $52
- Year built
- 1978
An office building at 5000 Rockside Rd Unit Rear in Independence sold for $2,187,500 on September 11, 2026, according to the Cuyahoga County Fiscal Officer's transfer records. Pacific Square Cleveland, LLC bought the property from RL Liberty Owner LLC, paying 18% above the market value on record of $1,850,000.
The 42,000-square-foot building, constructed in 1978, sits on a 1.91-acre lot. At that size, the sale price works out to $52 per square foot, according to the Cuyahoga County Fiscal Officer's records.
What this sale costs to close
What does closing cost at this price? Under Cuyahoga County custom the seller's larger charges are $8,750 for the real property conveyance fee (state $1 + county permissive $3 per $1,000) and $3,878.90 for the owner's title insurance policy. The seller's estimated net is $2,151,642 before brokerage commissions and any loan payoff. A cash buyer would need about $2,168,929 at closing.
Source: Cuyahoga County Fiscal Officer, parcel transfer records (Cuyahoga County GIS), document 56232002-20260911. Property details: Cuyahoga County Fiscal Officer. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
